Monday, September 08, 2008

EU 2020 Renewable Energy Goals Unlikely to be Met


The challenge facing the European Community in reducing its dependence on imported fossil fuels is clearly illustrated in the International Energy Agency’s just published review of EU energy policies.

“The EU energy economy will become increasingly reliant on energy imports – with import dependence reaching 64% in 2020 and 67% in 2030 in business as usual projections, up from slightly more than 50% at present.”

Dependence on gas imports would rise substantially, from 58% at present to 84% in 2030. Similarly, solid fuel supplies would increasingly be based on imports, reaching 63% in 2030 (up from just under 40% today).

See full Article.